Steam Boiler System Market : Global Demand Analysis & Opportunity Outlook 2024

Steam Boiler System Market : Global Demand Analysis & Opportunity Outlook 2024

Buy Now
Report ID: 362 | Published On: Feb 01, 2022
  1. Introduction
    • Market Definition
    • Market Segmentation
    • Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology
  4. Research Process
    • Primary Research
    • Manufacturers
    • Distributors
    • End Users
    • Secondary Research
    • Market Size Estimation
  5. Executive Summary - Global Advanced Therapy Medicinal Products Market
  6. Analysis of Market Dynamics
  7. Drivers
  8. Trends
  9. Key Market Opportunities for Business Growth
  10. Major Roadblocks for the Market Growth
  11. Regulatory & Standard Landscape
  12. Value Chain Analysis
  13. Potential ATMP Treatment Analysis
  14. Pricing Analysis of Global Advanced Therapy Medicinal Products Market
  15. Use Case Analysis
  16. Pipeline Analysis
  17. Analysis on the Manufacturing Process
  18. Analysis of COVID-19 Impact on the Global Advanced Therapy Medicinal Products Market
  19. Analysis of End-User Market Share of Global Advanced Therapy Medicinal Products
  20. Competitive Positioning
  21. Competitive Landscape
  22. Market Share Analysis of Major Players (%), 2021
  23. Competitive Benchmarking
  24. Novartis AG.
  25. Takeda Pharmaceutical Company Limited
  26. Gilead Sciences, Inc.
  27. Bluebird Bio, Inc
  28. BioMarin Pharmaceutical Inc
  29. Vericel Corporation
  30. Mallinckrodt Pharmaceuticals
  31. UniQure N.V.
  32. JCR Pharmaceuticals Co., Ltd.
  33. Spark Therapeutics, Inc. (Parent Company: Roche)
  34. Kolon TissueGene, Inc.
  35. Global Advanced Therapy Medicinal Products Market Outlook
  36. By Value (USD million)
  37. By Product
  38. CAR-T Therapy, 2021-2031F (USD million)
  39. Gene Therapy, 2021-2031F (USD million)
  40. Cell Therapy, 2021-2031F (USD million)
  41. Tissue Engineered Product, 2021-2031F (USD million)
  42. By Disease
  43. Oncology, 2021-2031F (USD million)
  44. Genetic Disorders, 2021-2031F (USD million)
  45. CNS, 2021-2031F (USD million)
  46. Dermatology, 2021-2031F (USD million)
  47. Others, 2021-2031F (USD million)
  48. By End-User
  49. Hospitals & Clinics, 2021-2031F (USD million)
  50. Research & Academic Institutes, 2021-2031F (USD million)
  51. Global Advanced Therapy Medicinal Products Market by Region
  52. North America, 2021-2031F (USD million)
  53. Europe, 2021-2031F (USD million)
  54. Asia-Pacific, 2021-2031F (USD million)
  55. Latin America, 2021-2031F (USD million)
  56. Middle East & Africa, 2021-2031F (USD million)
  57. North America Advanced Therapy Medicinal Products Market Outlook
  58. By Value (USD million)
  59. By Product
  60. CAR-T Therapy, 2021-2031F (USD million
  61. Gene Therapy, 2021-2031F (USD million)
  62. Cell Therapy, 2021-2031F (USD million)
  63. Tissue Engineered Product, 2021-2031F (USD million)
  64. By Disease
  65. Oncology, 2021-2031F (USD million)
  66. Genetic Disorders, 2021-2031F (USD million)
  67. CNS, 2021-2031F (USD million)
  68. Dermatology, 2021-2031F (USD million)
  69. Others, 2021-2031F (USD million)
  70. By End-User
  71. Hospitals & Clinics, 2021-2031F (USD million)
  72. Research & Academic Institutes, 2021-2031F (USD million)
  73. By Country
  74. US, 2021-2031F (USD million)
  75. Canada, 2021-2031F (USD million)
  76. Europe Advanced Therapy Medicinal Products Market Outlook
  77. By Product
  78. By Disease
  79. By End User
  80. By Country
  81. UK, 2021-2031F (USD Million)
  82. Germany, 2021-2031F (USD Million)
  83. France, 2021-2031F (USD Million)
  84. Italy, 2021-2031F (USD Million)
  85. Spain, 2021-2031F (USD Million)
  86. Russia, 2021-2031F (USD Million)
  87. Netherlands, 2021-2031F (USD Million)
  88. Rest of Europe, 2021-2031F (USD Million)
  89. Asia Pacific Advanced Therapy Medicinal Products Market Outlook
  90. By Product
  91. By Disease
  92. By End User
  93. By Country
  94. China, 2021-2031F (USD Million)
  95. India, 2021-2031F (USD Million)
  96. Japan, 2021-2031F (USD Million)
  97. South Korea, 2021-2031F (USD Million)
  98. Singapore, 2021-2031F (USD Million)
  99. Australia, 2021-2031F (USD Million)
  100. Rest of Asia-Pacific, 2021-2031F (USD Million)
  101. Latin America Advanced Therapy Medicinal Products Market Outlook
  102. By Product
  103. By Disease
  104. By End User
  105. By Country
  106. Brazil, 2021-2031F (USD Million)
  107. Argentina, 2021-2031F (USD Million)
  108. Mexico, 2021-2031F (USD Million)
  109. Rest of Latin America, 2021-2031F (USD Million)
  110. Middle East & Africa Advanced Therapy Medicinal Products Market Outlook
  111. By Product
  112. By Disease
  113. By End User
  114. By Country
  115. GCC, 2021-2031F (USD Million)
  116. Israel, 2021-2031F (USD Million)
  117. South Africa, 2021-2031F (USD Million)
  118. Rest of Middle East & Africa, 2021-2031F (USD Million)

Preview Analysis

Request Insights
Inflation and Looming Recession to Haunt Businesses:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


In The News


Steam Boiler System Market Overview

Steam boiler system is referred to the boiler which converts water into steam at a required pressure. These boiler systems are used in many industries such as refineries, power plants and others. Steam boilers are also used as generators to produce electricity.

In water tube boiler by boiler type, the steam is produced by heating the water inside the tube which is surrounded by hot gasses. Water tube boilers are used for high pressure steam applications.


Market Size and Forecast

The global steam boiler system market is expected to grow at a CAGR of 5.2% over the forecast period i.e. 2017-2024. Further, steam boiler system market is anticipated to reach USD 15.1 billion globally by 2024. This significant growth can be attributed to various factors such as rise in demand for energy across the globe and favorable government initiatives aiming for the adoption of steam boilers for energy.

In the regional platform, North America is the largest market in terms of market revenue share in overall steam boiler system. Further, this region is expected to continue its dominance by the 2024. The market of steam boiler system is majorly driven on the back of the increasing use of steam boilers systems in refineries, power plants and others. Moreover, the rising demand for steam boiler systems in commercial and residential heating purposes is also envisioned to bolster the growth of steam boiler systems in this region. Likely, U.S. holds the largest market share of steam boiler system owing to the growing food processing industry.CLICK TO DOWNLOAD FREE SAMPLE REPORT

steam boiler system

North America region is tailed by Asia-Pacific and Europe region. Asia-Pacific region hold the second largest steam boiler system market. The major countries witnessing the augmented growth are China, India and Japan. Further, China is the dominating country in this region owing to the growing infrastructure and industrialization. Moreover, penetration of major vendors into the Asia-Pacific steam boiler system market is envisioned to bolster the growth of steam boiler systems market in this region. Europe is also estimated to show a tremendous growth over the forecast period owing to the presence of large number of established manufacturing industries.


Market Segmentation

Our in-depth analysis segmented the global steam boiler system market in the following segments:

By Boiler Type

  • Fire Tube Boiler 
    • Horizontal Return Tubular Boiler
    • Short Fire Box Boiler
    • Compact Boiler
  • Water Tube Boiler 
    • Horizontal Straight Tube Boiler
    • Bent Tube Boiler
    • Cyclone Fired Boiler
  • Super  Heater

By End User

  • Food
  • Chemical
  • Refineries
  • Primary Metal
  • Thermal Power Plants
  • Others

By Application

  • Generators
  • Steam Engines
  • Cement Production
  • Agriculture
  • Others

By Region

Global steam boiler system market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis


steam boiler system
Get more information on this report: Request Sample PDF

Growth Drivers and Challenges

Rising demand for energy across the globe and large scale requirement of steam boilers from power plants, refineries and others are believed to be the dynamic factor behind the growth of steam boiler system market. Further, increasing use of steam boiler systems by food processing industry is also projected to boost the demand for steam boiler system.

Moreover, favorable government initiatives for the usage of steam boilers systems and providing incentives in terms of subsidies are envisioned to bolster the growth of steam boiler system market over the forecast period. Further, rapid urbanization and growing industrialization is also anticipated to foster the growth of steam boiler system market globally.

However, high initial investment associated with the installation of steam boiler system is anticipated to dampen the growth of global steam boiler system market over the forecast period. Moreover, high maintenance associated with steam boiler system is expected to hamper the growth of this market.     


Key players

The major key players for steam boiler system market are as follows

  • Hurst Boiler & Welding Co.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Larsen & Toubro Ltd.
  • Fulton Boiler Works Inc.
  • BHEL
  • Byworth Boilers
  • Clayton Industries
  • Doosan, Buderus
  • Zhengzhou Boiler 
  • Cleaver-Brooks
  • Rentech Boiler Systems


Let Us Hear About Your Requirements:

Submit Your Request For Proposal (RFP)

Submit RFP    Buy Now Download Research Report Sample